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UBS shared insights on the Euro's potential trajectory, emphasizing the significance of upcoming economic indicators over the European Central Bank (ECB) meeting held earlier this week. The market...
The British pound has reached its highest level against the euro since April 2022, amid expectations that the Bank of England (BOE) will be less aggressive in cutting interest rates compared to the...
On Thursday, the British pound experienced a significant decline, which Capital Daily analysts attribute to a combination of factors including the Bank of England's (BoE) dovish monetary policy...
Investing.com - The U.K general election has resulted in a landslide victory for the opposition Labour Party, and UBS takes a look at the likely consequences of this result. As of 04:40 ET, Labour,...
Investing.com -- The EUR/GBP pair ticked up 0.2% on Tuesday. This movement came after reports indicated a larger-than-expected decrease in UK employment alongside earnings figures that were marginally...
Investing.com – Prime Minister Rishi Sunak announced last week that the U.K. general election will be held on July 4. Here are the need-to-knows ahead of the poll. UK general election 2024 The...
Investing.com -- On Monday, the EUR/GBP pair showed signs that it might rise from its current levels after recent movements in the foreign exchange market. The pair, which had dipped below 0.8500,...
Analysts at ING stated that the EUR/GBP currency pair seems undervalued, following the United Kingdom's retail sales data which came in below expectations. The report released today showed a 2.7%...
Morgan Stanley outlined its foreign exchange strategy, recommending investors to take short positions in the EUR/GBP currency pair, with a target set at 0.82. The firm's analysis suggests that this...
Investing.com -- On Wednesday, the upcoming Consumer Price Index (CPI) data for April is anticipated to be a significant indicator for the British pound's trajectory. Market expectations, as reflected...
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